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Scandinavian Tobacco Group A/S (MEX:STG) E10 : MXN27.24 (As of Mar. 2024)


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What is Scandinavian Tobacco Group A/S E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Scandinavian Tobacco Group A/S's adjusted earnings per share data for the three months ended in Mar. 2024 was MXN3.629. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN27.24 for the trailing ten years ended in Mar. 2024.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

As of today (2024-06-25), Scandinavian Tobacco Group A/S's current stock price is MXN324.26. Scandinavian Tobacco Group A/S's E10 for the quarter that ended in Mar. 2024 was MXN27.24. Scandinavian Tobacco Group A/S's Shiller PE Ratio of today is 11.90.

During the past 12 years, the highest Shiller PE Ratio of Scandinavian Tobacco Group A/S was 12.26. The lowest was 9.17. And the median was 11.30.


Scandinavian Tobacco Group A/S E10 Historical Data

The historical data trend for Scandinavian Tobacco Group A/S's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Scandinavian Tobacco Group A/S E10 Chart

Scandinavian Tobacco Group A/S Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 28.67

Scandinavian Tobacco Group A/S Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 28.67 27.24

Competitive Comparison of Scandinavian Tobacco Group A/S's E10

For the Tobacco subindustry, Scandinavian Tobacco Group A/S's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Scandinavian Tobacco Group A/S's Shiller PE Ratio Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Scandinavian Tobacco Group A/S's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Scandinavian Tobacco Group A/S's Shiller PE Ratio falls into.



Scandinavian Tobacco Group A/S E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Scandinavian Tobacco Group A/S's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.629/118.4000*118.4000
=3.629

Current CPI (Mar. 2024) = 118.4000.

Scandinavian Tobacco Group A/S Quarterly Data

per share eps CPI Adj_EPS
201312 0.000 99.000 0.000
201409 0.000 99.700 0.000
201412 4.399 99.400 5.240
201503 3.316 100.200 3.918
201506 4.958 100.300 5.853
201509 3.560 100.200 4.207
201512 4.516 99.800 5.358
201603 3.598 100.200 4.252
201606 5.866 100.600 6.904
201609 4.369 100.200 5.163
201612 5.262 100.300 6.212
201703 1.895 101.200 2.217
201706 4.642 101.200 5.431
201709 6.393 101.800 7.435
201712 7.495 101.300 8.760
201803 2.707 101.700 3.152
201806 6.469 102.300 7.487
201809 6.436 102.400 7.442
201812 4.791 102.100 5.556
201903 2.643 102.900 3.041
201906 5.810 102.900 6.685
201909 4.951 102.900 5.697
201912 7.855 102.900 9.038
202003 0.693 103.300 0.794
202006 8.715 103.200 9.999
202009 12.594 103.500 14.407
202012 1.626 103.400 1.862
202103 10.796 104.300 12.255
202106 12.577 105.000 14.182
202109 13.013 105.800 14.563
202112 9.975 106.600 11.079
202203 10.320 109.900 11.118
202206 9.715 113.600 10.125
202209 11.239 116.400 11.432
202212 14.158 115.900 14.463
202303 7.778 117.300 7.851
202306 8.732 116.400 8.882
202309 9.971 117.400 10.056
202312 7.699 116.700 7.811
202403 3.629 118.400 3.629

Add all the adjusted EPS together and divide 10 will get our e10.


Scandinavian Tobacco Group A/S  (MEX:STG) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Scandinavian Tobacco Group A/S's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=324.26/27.24
=11.90

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 12 years, the highest Shiller P/E Ratio of Scandinavian Tobacco Group A/S was 12.26. The lowest was 9.17. And the median was 11.30.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Scandinavian Tobacco Group A/S E10 Related Terms

Thank you for viewing the detailed overview of Scandinavian Tobacco Group A/S's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Scandinavian Tobacco Group A/S (MEX:STG) Business Description

Traded in Other Exchanges
Address
Sandtoften 9, Gentofte, DNK, 2820
Scandinavian Tobacco Group offers cigars, pipe tobacco, and accessories in North America, Europe, and Australia. It operates in three segments: North America online and retail, which primarily sells handmade cigars and accessories in stores and online; North America branded and the Rest of the World, which provides its products to wholesalers and distributors; Europe Branded comprises sale of all product categories to wholesalers, distributors and direct to retail in Germany, Denmark, Sweden, France, Italy, Belgium, the Netherlands, Luxembourg, Spain, Portugal, the UK, and Ireland. The largest portion of the firm's revenue comes from the Europe branded segment.